Devaluation and liberalization in the presence of tariff and quota restrictions. An equilibrium model

Joshua Aizenman

doi:10.1016/0022-1996(81)90015-5

Devaluation and liberalization in the presence of tariff and quota restrictions. An equilibrium model

Joshua Aizenman

Research output: Contribution to journal › Article › peer-review

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Abstract

The purpose of this paper is to examine and compare the effects of devaluation and trade liberalization policies on a monetary economy which uses quotas in contrast to an economy which uses tariffs. This is done in a general equilibrium framework. The paper also investigates the reasons for coupling liberalization policies with a devaluation.

Original language	English
Pages (from-to)	197-206
Number of pages	10
Journal	Journal of International Economics
Volume	11
Issue number	2
DOIs	https://doi.org/10.1016/0022-1996(81)90015-5
State	Published - 1 Jan 1981
Externally published	Yes

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/0022-1996(81)90015-5

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Devaluation and liberalization in the presence of tariff and quota restrictions. An equilibrium model

Abstract

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